Build-on-Bitcoin Trend Imports Another Concept from Ethereum: the DAO
Briefly

RootstockCollective is the first Decentralized Autonomous Organization (DAO) on Bitcoin's layer-2 Rootstock, allowing RIF token holders to stake for voting rights.
The DAO aims to involve builders and users of Rootstock, reflecting the growing adoption of DAO structures beyond typical networks like Ethereum and Solana.
Historically, Bitcoin was limited in programmability, but with the rise of layer-2 networks like Rootstock, these restrictions are being challenged, expanding its utility.
Staking within RootstockCollective enables token holders to actively govern the DAO, participating in decision-making processes previously dominated by centralized authorities.
Read at Coindesk
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